JP Morgan backed Leap Green set to purchase Inox Windfarms

Tuesday, March 7, 2017, 3:13 PM

Leap Green Energy, A clean energy company promoted by India's first Formula One driver Narain Karthikeyan and his family, is set to buy a cluster of wind power generation assets from the Inox Group in a deal valued at around Rs.1000 crore. JP Morgan owns a majority stake in Leap Green Energy and has a significant management role in the company.